Monday, October 15, 2012 11:12:23 AM
***and 5K Preferred shares - looks like the structure is getting cleaned back up in a hurry.
Note: 90,000,000 common shares are to be returned due to the settlement agreement with Compass Entertainment. An additional 161,000,000 common shares were issued in anticipation of the completion of asset acquisitions and were in the hands of John Stanton, the shares are to be returned and a demand has been sent for their return as no consideration was paid for them and cannot be because of the Stanton bankruptcy. 5,000 preferred series a stock were demanded returned as well as they were issued for the conversion of debt that is no longer viable and is discussed in the Other Information section in this document. All are still listed here as outstanding because they have yet to be returned. None of these shares will be honored without a court order and no court action is anticipated by any holder of these shares. All shares have been removed from the monetary values in the financial statements.
Mass Megawatts Announces $220,500 Debt Cancellation Agreement to Improve Financing and Sales of a New Product to be Announced on July 11 • MMMW • Jun 28, 2024 7:30 AM
VAYK Exited Caribbean Investments for $320,000 Profit • VAYK • Jun 27, 2024 9:00 AM
North Bay Resources Announces Successful Flotation Cell Test at Bishop Gold Mill, Inyo County, California • NBRI • Jun 27, 2024 9:00 AM
Branded Legacy, Inc. and Hemp Emu Announce Strategic Partnership to Enhance CBD Product Manufacturing • BLEG • Jun 27, 2024 8:30 AM
POET Wins "Best Optical AI Solution" in 2024 AI Breakthrough Awards Program • POET • Jun 26, 2024 10:09 AM
HealthLynked Promotes Bill Crupi to Chief Operating Officer • HLYK • Jun 26, 2024 8:00 AM